WunderTrading brings automated crypto trading to United States
“Among developed countries, Americans are the heaviest users of cryptocurrencies, with 13% having invested in cryptocurrencies over the past year.”
WunderTrading has announced it will soon be launching its automated crypto trading services in the United States after operating in Europe since 2019.
WunderTrading has already been integrated with Binance, FTX, Bybit, and 11 other crypto exchanges. More integrations will be added in the future.
Established in Estonia in 2018, Wunderbit is run by a passionate team of experts from the fields of finance, trading, anti-money laundering, and software development. The team, founded by Kirill Osaulenko and Jevgenijs Latisevs, has previous experience in leading companies such as Deloitte, SEB, Swedbank and Marex Spectron.
The platform allows users to manage multiple crypto accounts, including Binance, Bybit, Kucoin, Deribit, FTX, BitMEX, OKx, Huobi, HitBTC, BitpandaPro, and Bittrex.
WunderTrading for copy trading in crypto
The European fintech startup, which every month reportedly handles crypto trades worth more than $380 million, is integrating with Coinbase Pro in order to cater to the US markets. Coinbase Pro supports over 130 cryptocurrencies.
WunderTrading, known for pioneering the spread trading terminal into the crypto space, allows experienced traders to automate their advanced crypto strategies, manage multiple crypto exchange accounts at once, and benefit from the spread trading terminal.
Acting as the middleman between the experienced crypto traders and their ”followers”, the platform earns a commission from the trader’s turnover, whereas traders receive a commission from the money earned by their ”followers”.
WunderTrading reported $3.5 billion in volume in 2021
Jevgenijs Latisevs, co-founder and CEO of WunderTrading, said: ”WunderTrading has been growing rapidly. In 2021, our trading volume for the year 2021 was 3.5$ billion and which is a dramatic increase from 145 millions in comparison to 2020. We saw a similar growth of our user base from 5200 in 2020 to 31000 in 2021. By integrating with Coinbase Pro and entering the USA, we aim to accelerate this growth even further. Among developed countries, Americans are the heaviest users of cryptocurrencies, with 13% having invested in cryptocurrencies over the past year. So for us, launching our services in this market was a logical next step in our growth.”
It was in March 2022 that WunderTrading rebranded from WunderBit as the small East European start-up, which provided the brokerage service of buying and selling bitcoin as its primary business objective, decided to launch a trading automation service for the global crypto trading community.
WunderTrading will become a brand that in its way aims to surpass the usual trading automation services as it will continue to offer brokerage.